Silver (XAG/USD) faced significant selling pressure near the $33.00 resistance level, dropping to over a one-week low during the early hours of trading on Monday. Currently, it trades around $32.25, showing a decline of more than 1.25% for the day. Investors are closely monitoring this resistance point as traders reevaluate their strategies. The pressure at this price indicates market hesitance and potential volatility in the silver trade. Understanding these movements will be crucial for traders in the coming days.